Character Palooza ususally goes on hiatus during the winter months, but it appears that it will return soon. I received the following information from my source that’s close to Character Palooza at Hollywood Studios:
Beginning January 6th, Fantasmic! Area Sets (Character Palooza as we know it) are being scheduled.
With Fantasmic! beginning at 7:00 pm, the sets are likely to be held at 2:30, 3:30 and 4:30 pm. All three sets should be held on Streets of America, but all entertainment is subject to change without notice.